GLEN JE00B4T3BW64

Report

Delayed London Stock Exchange - 16:35 23/09/2022 BST
461.55	GBX		-5.81%

09/23	Glencore raises stake in Yamana's Mara project with deal for Newmont's interest	AQ
09/23	Glencore to Acquire Newmont's 18.75% Stake in Mara Project For $124.9 Mln, Glencore Wil Own 43.75% Stake After Transaction	MT
09/23	Glencore to buy Newmont's stake in MARA copper-gold project for up to $174.9 million	RE

Company

Business Summary

Glencore plc specializes in producing and distributing metals, minerals and petroleum products products, primarily for the automotive, steel, and food-processing industries. The group also offers logistical, supply, and financing services. Net sales break down by family of products as follows:

- oil products, coke and coal (58.5%);

- metals and minerals (41.5%): aluminum, zinc, copper, alumina, iron alloys, nickel, cobalt, etc.

Net sales are distributed geographically as follows: Europe (31.6%), Asia (42.5%), Americas (18.6%), Africa (4.9%) and Oceania (2.4%).

Number of employees : 135 000 people.

Sales per Business

	2020		2021		Delta
Marketing	96 804.00	87.2%	132 163.00	89.2%	+36.53%
Industrial	30 415.90	27.4%	41 175.60	27.8%	+35.38%
GBP in Million

Sales per region

	2020		2021		Delta
Asia	47 069.70	42.4%	62 950.50	42.5%	+33.74%
Europe	33 284.10	30%	46 741.70	31.6%	+40.43%
America	20 089.60	18.1%	27 579.40	18.6%	+37.28%
Africa	5 225.54	4.7%	7 264.58	4.9%	+39.02%
Oceania	5 328.48	4.8%	3 613.75	2.4%	-32.18%
GBP in Million

Managers

Name	Title	Age	Since
Gary Nagle	Chief Executive Officer & Director	46	2021
Steven Kalmin	General Manager-Finance	50	1999
Martin Fewings	Head-Investor Relations	-	2013
John William Burton	Secretary	56	2011
Peter Carl Freyberg	Head-Industrial Assets	62	2018
Wilhelm van Jaarsveld	Manager-Aluminum Asset & Investment	36	2017
Mark Davis	Head-Copper Assets	-	-
Jose Ignacio Noguera	Chief-Contracts & Insurances	-	-
Shaun Teichner	General Counsel	-	2016

Members of the board

Name	Title	Age	Since
Kalidas V. Madhavpeddi	Chairman	65	2021
Patrice E. Merrin	Independent Non-Executive Director	73	2014
Martin Gilbert	Senior Independent Non-Executive Director	67	2018
Gill Marcus	Independent Non-Executive Director	71	2018
Cynthia Blum Carroll	Independent Non-Executive Director	65	2021
David Wormsley	Independent Non-Executive Director	61	2021
Elizabeth Anne Hewitt	Independent Non-Executive Director	65	2022
Peter Roland Coates	Non-Executive Director	75	2013
Gary Nagle	Chief Executive Officer & Director	46	2021

Equities

	Vote	Quantity	Free-Float		Company-owned shares		Total Float
Stock A	1	14,466,003,601	11,743,032,217	81.2%	1,476,288,511	10.2%	81.2%

Shareholders

Name	Equities	%
Ivan Glasenberg	1,211,957,850	9.28%
Qatar Holding LLC	1,045,944,189	8.01%
Harris Associates LP	516,588,214	3.96%
BlackRock Investment Management (UK) Ltd.	404,181,403	3.10%
Daniel Francisco Maté Badanes	396,610,015	3.04%
Aristotelis Mistakidis	394,271,015	3.02%
The Vanguard Group, Inc.	343,838,666	2.63%
BlackRock Fund Advisors	190,985,720	1.46%
BlackRock Advisors (UK) Ltd.	159,179,209	1.22%
GQG Partners LLC	158,216,168	1.21%

Holdings

Name	Equities	%	Valuation
EN+ GROUP INTERNATIONAL (ENPG)	67,420,324	10.6%	518,371,274 USD
PT CITA MINERAL INVESTINDO TBK (CITA)	1,254,596,084	31.7%	256,113,245 USD
POLYMET MINING CORP. (POM)	72,008,404	71.0%	224,666,220 USD
CENTURY ALUMINUM COMPANY (CENX)	11,668,339	12.8%	90,079,577 USD
MERAFE RESOURCES LIMITED (MRF)	720,163,887	28.8%	54,926,900 USD
HORIZONTE MINERALS PLC (HZM)	18,662,909	9.80%	21,933,397 USD
NORANDA INCOME FUND	12,500,000	100.0%	9,400,000 USD
RECYLEX (RX)	7,703,877	29.8%	3,486,004 USD
GROUP ELEVEN RESOURCES CORP. (ZNG)	36,323,515	22.9%	2,143,087 USD
AERIS RESOURCES LIMITED (AIS)	1,924,851	0.28%	574,010 USD